Vienna, VA 22182 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Key Findings

1. 1,328,500 — The median sold price remains the primary indicator of market value and recent transactions; with the market temperature showing hot conditions and a price year-over-year trend of up, recent sales suggest continued upward price momentum for SFR and condo assets.
2. 1,750,000 — The median listing price sits noticeably above the median sold price, which may indicate pricing friction or elevated seller expectations relative to completed transactions; sellers should calibrate list strategies to avoid extended marketing time.
3. 274 — The median days on market is extended, which signals slower transaction velocity compared with a rapid-turn market and suggests buyers are taking longer to convert interest into contracts despite a hot market temperature.
4. 488 per sqft and 4,030 monthly — The median price per square foot and median market rent are both elevated, and with rent year-over-year trend up and interest rate pressure characterized as moderate, investors and owners should account for rising rental rates and financing sensitivity when underwriting acquisitions or pricing rental listings.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.